Turkey
Turkey’s lira logs worst year in two decades under Erdogan
Middle East
January 1, 2022
Turkey’s lira logs worst year in two decades under Erdogan
ANKARA, Dec 31 (Reuters) – Turkey’s lira has logged its worst year since President Tayyip Erdogan came to power nearly…
Turkey offers to mediate in Bosnian crisis ‘to ensure stability’
Middle East
December 28, 2021
Turkey offers to mediate in Bosnian crisis ‘to ensure stability’
ANKARA, Dec 28 (Reuters) – Turkey is ready to act as a mediator in Bosnia’s crisis and will do what it can…
Turkey’s lira support plan comes with potential costs -Fitch
Middle East
December 24, 2021
Turkey’s lira support plan comes with potential costs -Fitch
LONDON, Dec 22 (Reuters) – Turkey’s radical new plan to support the lira and discourage dollarisation comes with obvious potential…
Moscow bans import of vegetables from various countries including Egypt
Egypt
December 17, 2021
Moscow bans import of vegetables from various countries including Egypt
The Federal Service for the Oversight of Consumer Protection and Welfare (Rospotrebnadzor) in Moscow has stopped the supply of various…
Turkish lira dips to new low after another interest rate cut
Middle East
December 16, 2021
Turkish lira dips to new low after another interest rate cut
Turkey’s Central Bank again cut a key interest rate Thursday despite soaring consumer prices that are making it difficult for…
Gulf Arab summit calls for action, not words from Iran
Middle East
December 15, 2021
Gulf Arab summit calls for action, not words from Iran
RIYADH, Dec 14 (Reuters) – A Gulf Arab summit in Saudi Arabia urged Iran on Tuesday to take concrete steps…
Turkey says Russia to host initial South Caucasus peace meeting Friday
Middle East
December 9, 2021
Turkey says Russia to host initial South Caucasus peace meeting Friday
ANKARA, Dec 9 (Reuters) – Moscow will host an inaugural meeting of a six-way South Caucasus peace platform on Friday,…
Erdogan says inflation, forex rates to come down with low interest rates -NTV
Middle East
December 8, 2021
Erdogan says inflation, forex rates to come down with low interest rates -NTV
ANKARA, Dec 8 (Reuters) – President Tayyip Erdogan said Turkey will reduce inflation and exchange rate volatility through low interest…
Turkish lira flirts with record low as Doha eyes trouble
Middle East
December 7, 2021
Turkish lira flirts with record low as Doha eyes trouble
ISTANBUL, Dec 6 (Reuters) – The Turkish lira briefly slid 1% on Monday, again nearing record lows touched last week…
Turkey economy grew 7.4% in Q3; lira clouds outlook
Middle East
November 30, 2021
Turkey economy grew 7.4% in Q3; lira clouds outlook
ISTANBUL, Nov 30 (Reuters) – Turkey’s economy grew 7.4% year-on-year in the third quarter, meeting expectations on the strength of…